Skrill is known as one of the best payment methods for online betting since inception and lives up to the hype. Fast withdrawals, money transfer between members and ‘’under the radar’’ activity are some of the major advantages that have made it a top choice for punters for many years. It was founded in 2001 in London, UK, where the head office is still located. Since 2015, it is a member of the Paysafe Group that also owns Neteller and Paysafecard. A landmark moment for the company was the partnership with AC Milan in May 2020. For the next four years, Skrill will be the official global payments partner for the Italian club.
In most Skrill guides around the net, players will just read the pros and cons of using Skrill for online betting and how to open an account. However, in our specialized guide, we take the extra step and present you:
ᐉ The updated (2023) table of Skrill betting sites that offer a Sign-up Bonus
ᐉ The alternative methods and workarounds where Skrill is not available for gambling
ᐉ Why Skrill is the best method for sharp bettors and high rollers
Best Skrill Bookmakers with Sign Up Bonus
If you’re looking for the best betting websites that will make the most of your Skrill deposit, the following top-rated bookmakers provide you with near-instant withdrawals (0-4 hours), zero fees and welcome offers with Skrill.
Skrill betting: How to register and play online
The Skrill registration process is simple and straightforward. Complete the steps below and you can create your account with no hassle.
- Visit Skrill.com and click on the Registration option.
- Once you complete filling out your personal details, click on ‘’Register’’ to create your account.
- Check on your mailbox for the confirmation message. Verify your email address and you are ready to use Skrill for all your betting endeavors.
Now the next step is how to deposit money in Skrill for gambling online. As a rule of thumb, log-in to your favorite bookmaker.
- Open the deposit or banking page to see all the available deposit methods
- Choose Skrill from the list, enter the desired amount and click on ‘’Deposit’’
- Enter your credentials and login
- Click on Pay Now and the amount will be transferred to your betting account
Why choose betting sites that accept Skrill
Skrill has built a reputation over the last few years as a top payment method for betting sites. Most punters have given Skrill a decent payment option status for the following:
✔ Accepted by the majority of online bookmakers: Almost every bookmaker accepts Skrill as a payment method. That is very convenient for players, as they can use their Skrill account to top up their betting account on different bookmakers.
✔ Speed: Skrill offers instant deposits and speedy withdrawals since there is no third-party involved in the payment process.
✔ Privacy and anonymity: Your financial activity remains strictly confidential with Skrill and is not shared with state authorities.
✔ Top security features: Skrill provides unparalleled security in its payments with features like PIN code and SSL authentication. Players can always feel that the funds are held with the utmost safety.
✔ Ease of use: You only have to remember your email address to deposit to your favorite Skrill bookmaker. No more different usernames, passwords and security codes to memorize and your payments will be much faster.
✔ Variety of languages and currencies: More than 40 currencies are accepted, like EUR, USD, GBP, RUB, SEK and NOK. In addition, the website is available in 12 different languages.
✔ Free mobile application available: Skrill comes with an excellent mobile app that is entirely free to use and it allows players to control the e-wallet on their phone.
✔ Shop the best prices: Players can find the best odds at a bookie, place their bet, win and withdraw in a few hours and then search for the best odds once more to bet. That is possible due to the speedy Skrill withdrawal times compared to traditional payment methods like credit cards or wire transfer, which require several business days.
✔ Very fast withdrawals with the Skrill Prepaid Mastercard: Without the hassle and delays of the conventional payment methods, withdrawals to a Skrill Prepaid Mastercard can take only a few hours (up to 24), so the player has immediate access to his funds.
✔ Instant Money Transfer: Even if you find yourself with an empty e-wallet, you can always ask for a quick pay in from another Skrill member around the world, a process that takes seconds and allows you to reload your balance.
Why you should avoid online betting with Skrill
Like any other payment method, there are certain drawbacks when it comes to online betting with Skrill, which include:
❌ Not valid for Welcome Bonuses in a high number of bookmakers: This is probably the most crucial reason that a punter will not opt to use Skrill. Due to a history of bonus abuse and arbitrage betting, a lot of bookmakers do not offer Welcome Bonus if you make your first deposit with Skrill. However, you can work around this issue by making your first deposit with a different payment method to claim the Sign Up Offer and then make your subsequent deposits with Skrill.
❌ Deposit and withdrawal fees: Each deposit and withdrawal is subject to certain fees, plus the currency exchange rate can be higher than other financial services.
❌ Some online bookmakers do not accept Skrill deposits: Several bookmakers such as bet365 have removed Skrill as a payment method for new players due to recent, stricter financial regulations, which dictate that the source of funds must be tracked at all times.
❌ The verification process can be tedious: Skrill is very tight on security, which in some cases can become a tiresome process for some players as many documents can be asked for verification purposes.
❌ Restricted as a payment method in a few countries: Skrill has its own list of non- serviced countries, such as Japan, Iran, Cuba and others.
❌ Slow customer support: Due to high workload it can take quite a while before you will be able to reach a live support agent. Also open cases tend to require a substantial amount of time to resolve.
What are the best Skrill alternatives
Certain countries do not allow players to use Skrill for gambling purposes. However, they can use it as an e-wallet for online shopping. That happens mainly due to local market regulation with notable examples as France, Germany, Turkey, China and Canada.
In France, Skrill does not operate to gambling sites licensed by ARJEL (the French regulatory authority). Therefore players have to resort to other e-wallets like Payeer and Cashlib.
In Germany, Skrill restricts payment services to bookmakers that don’t hold a European License, such as an MGA or a UKGC one. The best alternatives for German players are Klarna (Sofort) or Giropay.
Turkey is an emerging market for gambling and Skrill ceased its operations in the country. Astropay and Ecopayz, on the other hand, are available and widely popular for betting purposes.
In China, any form of gambling is illegal (with the exception of Hong Kong and Macao); therefore, Skrill does not operate for gambling. However, punters who choose to bypass these restrictions can use UnionPay or AliPay.
In Canada, Skrill has exited the local market since 2014 due to the unclear regulatory framework. Interac and Ecopayz have been the staple options for Canadian players since then.
In the UK, a number of bookmakers, such as bet365, have opted to restrict Skrill to new players. Due to a history of bonus abuse and sharp betting, Paypal or Paysafe can work as substitutes.
Skrill Betting ᐉ What Else You Should Know
Throughout its history, Skrill has become synonymous to online betting and that includes additional factors and attributes. Transaction limits and fees, money transfer between members and a VIP package can distinguish a top payment method. On top of that, with the rapid expansion of mobile betting, an exemplary app is a prerequisite for any wallet.
Can I bet with a Skrill Prepaid Mastercard
Every registered Skrill member is entitled to a Skrill Prepaid Mastercard for a €10 annual fee. The card links to your e-wallet balance, so you can use your funds to shop online and in physical stores. In addition to that you can withdraw cash at any ATM that accepts Mastercard.
With regards to betting, it is essential to note you cannot use the card directly for online gambling to any bookmaker; instead, you have to use your e-wallet balance to top up your betting account. Also, the debit card is available only to residents of authorized European Economic Area (EEA) countries.
Skrill restricted countries for online gambling
Even the best payment method cannot span its services across every corner of the world and that happens to Skrill as well. There are certain countries and territories whose residents cannot use Skrill for gambling online and these include:
Afghanistan, Angola, Barbados, Benin, Burkina Faso, Cape Verde, Cambodia, Comoros, Crimea, Cuba, Djibouti, Eritrea, Faroe Islands, French Polynesia, Gambia, Greenland, Grenada, Guadeloupe, Guyana, Iran, Iraq, Japan, Kyrgyzstan, Laos, Libya, Macao, Martinique, Namibia, New Caledonia, Niger, North Korea, Palau, Reunion, Samoa, Sudan (North and South), Suriname, Syria, Tajikistan, Togo, Turkmenistan.
Skrill Deposit / Withdrawal limits and fees
One of the main advantages that made Skrill stand out from competition is the low transaction fees throughout the years. If you choose to bet with Skrill, the deposit to your bookmaker is free of charge. Topping up your Skrill wallet with your credit card or bank account is free if you reside in the UK. If you live in Germany topping up is liable to a 1% fee. It fluctuates between 1 - 2.5% if you are a Norwegian resident.
Opting to transfer funds from a different e-wallet like Neteller or Paysafe will incur you a fee of 1%. It is important to note that in some cases, the card issuer might charge you for a betting transaction. The “cash advance” fee for using your credit card, is outside Skrill’s control.
If you decide to proceed with a payout, the transaction to your Skrill wallet is entirely free of charge. However, any withdrawal is subject to a fee of £4.97 / € 5.50 if it goes through your bank account or 7.5% if it goes through your VISA. With regards to currency conversion, the standard fee is 3.99% and is applied immediately. All the charges mentioned above are imposed regardless of your country of residence. Make sure that you complete at least one transaction every 12 months. Otherwise, a service fee of €5 will be levied on your account every month.
Can I transfer and receive money to my Skrill account
Skrill allows its members to send and receive money globally. Receiving funds is always free of charge, likewise sending money to an overseas bank account is free as well. Sending money to a bank account in the same country incurs a fee of 2%, while Skrill to Skrill transfers is subject to various fees. Registration date, deposit method and a number of deposits are the decisive factors and they range from 1.45% to 4.49%.
Benefits of Skrill VIP level
Rewarding the most active and loyal members, Skrill launched the VIP Programme, with a wide array of benefits. The membership status depends on the amount you transfer each quarter and it breaks down as follows:
- Bronze Level -> If you transfer over €6.000 in a quarter
- Silver Level -> If you transfer over €15.000 in a quarter
- Gold Level -> If you transfer over €45.000 in a quarter
- Diamond Level -> If you transfer over €90.000 in a quarter
All levels offer 24/7 VIP support, while Silver level also offers priority bank uploads. Gold and Diamond levels offer multi-currency accounts and a personal account manager as well. In terms of online gambling, Skrill allows high rollers to make the most of their activity and become part of an exclusive club. Furthermore, Skrill takes the extra step to security with two-factor authentication (2FA). A code is sent to your mobile phone that works as an extra layer of protection. A great safety attribute, especially for high rollers.
In addition to that, fees are significantly lower for VIP levels and you can find them in more detail below:
How can I use Skrill on mobile
Nowadays, a convenient mobile app is not complementary, but a paramount feature as players use their mobile phones more than ever. Skrill’s application allows you to manage your funds on the road.
It offers the unique Skrill 1-tap feature, which allows you to deposit with a single tap on the screen. No additional authorization or verification. That allows you to top up your account and bet on live events even when you are away from home. Furthermore, you can manage your account in the same way as you do on the desktop website. The application is available for free on iOS and Android app stores.
Does Skrill live up to the hype? by Book Spy
Since the beginning, Skrill has been a top-notch payment option in the betting world. For years it has been an excellent alternative to the players that want to play under the radar, sharp bettors or even betting from countries where traditional methods are not commonly used. The opportunity you have to pick the best odds or the betting market that suits best to your game is unique. Ιn addition, every bookmaker offers Skrill and the cashouts are usually free and near-instant.
However, in recent years, Skrill players are being profiled from the bookies. I have seen shorter lines, bonus exclusions or even video call verification. Moreover, since the acquisition (or merge) by Neteller, Paysafe Group has been charging the operators record fees, making this option unaffordable. I still regard Skrill as a critical payment for secondary markets, but I can see with pleasure new solutions closing the gap, such as Muchbetter or the underperforming Ecopayz. To sum up, Skrill is a super safe wallet to keep your balance, a top choice for emerging markets, but an average option for recreational players.
Complete list of bookmakers with Skrill
Skrill offers multiple layers of security, like password, PIN code and 2FA (for its VIP members), so players can always feel that their funds are safe and secure. Skrill has also won multiple awards for its secure payment methods.
Skrill is authorized by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 for the issuing of electronic money, Register No. 900001 and licensed to operate within the European Economic Area (EEA).
Skrill’s phone number is +44 203 308 2520 and it operates Monday to Friday 7 am - 4 pm GMT.
For many online bookmakers, Skrill deposits do not qualify for Welcome Bonuses due to a history of bonus abuse and tight financial regulations. However, a player can make his first deposit via his bank account or his credit card and claim the bonus and make his subsequent deposits using his Skrill account.
Nowadays, Skrill offers one type of account that can be used for any kind of financial activity. Therefore, a player no longer needs to choose between a Skrill gambling / non-gambling type of account.
Skrill announced that it would change its name from Moneybookers in September 2011. The rebranding was completed in 2013.
Only Skrill VIP members are allowed to have more than one account. For personal accounts, only one account per user is permitted. You may, however, associate more than one email address with your account and of course, you may associate any of your individual credit card and bank account details with your account.
If you wish to close your Skrill account, you log into your account and go to: Settings >> Account Settings >> Account Status >> Close Account. Simple as that.
Knect is Skrill's loyalty program, which rewards you with loyalty points for certain transactions, and it is completely free.